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The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.
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With climate funding under threat, Wendy Schmidt is becoming an increasingly vital philanthropist—supporting deep-sea discovery, public media, and scientific collaboration across the globe. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Eric Skae ran the best-selling pasta sauce business for the legendary Rao’s restaurant until the company was sold. Now as the CEO of Carbone Fine Food, he’s done it again—building a $100 million competitor and a simmering rivalry. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1Nuclear power startup Oklo is now worth $21 billion. Its relationships with the Secretary of Energy Chris Wright and OpenAI CEO Sam Altman have certainly helped. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump just had the most lucrative year of his life. But percentage-wise, members of his immediate family, including sons Eric, Don Jr. and Barron, did even better. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Elon Musk keeps hyping the AI-enabled software, and getting more people to buy it is key to his massive new pay package. But in a recent test, it ignored standard street signs and even a flashing school bus stop sign — squashing mannequin child “Timmy.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Kushner teamed up with prolific solo investor Elad Gil and Luis Videgaray, the former Mexican foreign minister, to launch Brain Co., a startup that aims to help large businesses and governments apply AI to their operations. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Pongsakorn Pongsak built IF into China’s top coconut water brand—and a $700 million fortune—by bottling Thailand’s tropical taste. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Clemens Fischer has never smoked pot in his life, but he believes his new experimental drug could reap billions in sales—and change millions of lives. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Razer, founded and run by Min-Liang Tan for two decades, is prepping to release cutting-edge AI tools to help game developers produce games faster and cheaper and to coach players to sharpen their skills. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Microsoft cofounder, who reigned for nearly a quarter century as America’s richest person, no longer makes the very top of this year’s ranking of the country’s wealthiest people. Here’s why. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Jim Irsay’s daughters have inherited an NFL team that has been in their family for 53 years and is now worth $5.9 billion—making them among the richest female owners in sports. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
These colleges—spread from Pennsylvania to Kentucky to Michigan—discount their listed cost of attendance by at least 50% for all, or nearly all, students. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
An alum of Google, Facebook and Twitter, Edwin Chen built his data labeling company, Surge, in the background of the AI revolution. Now the youngest member of the Forbes 400 is ready to step out of the shadows and make his voice heard. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Thanks to some good investments, new funding from his Middle Eastern backers and higher home values in south Florida, Ivanka Trump’s husband has joined his brother and his father-in-law in the three-comma-club. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The top 20 owners on The Forbes 400 are worth $607 billion, up 20% from 2024. And with the cutoff rising to $10.1 billion, the club is more exclusive than ever. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
San Mateo County pumped $12 million into a grand AI surveillance system made by billionaire Tom Siebel’s C3 AI that was supposed to level up its police work. Three years into the project, cops say they still haven’t seen the benefits. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The company says the spectrum it’s buying will let it beam full 5G service from space to cell phones. But that depends on it launching bigger, more powerful satellites with a rocket that is still in development. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Patrick Mahomes can add a crown to his collection of Super Bowl rings, as the leader of ten football stars hauling in an estimated $571 million combined this year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
It’s the fourth consecutive year at the top of The Forbes 400 for the wealthiest billionaire in the U.S.—and the world. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Inside Forbes’ ranking of the richest billionaires in the United States. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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